Judgement

ITAT deletes Rs 1.14 crore Section 68 addition after finding all bank credits fully explained by documentary evidence.

ITAT Deletes Rs 1.14 Crore Section 68 Addition After Finding Bank Credits Fully Explained

ITAT allows Rs 15.64 lakh deduction under Section 80P(2)(a)(i), holding that registration under the Souharda Act and the presence of nominal members do not bar the deduction.

ITAT Grants Rs 15.64 Lakh Tax Deduction to Cooperative Society Under Section 80P(2)(a)(i)

The CBI Court convicted and sentenced a privately owned firm and Six private persons in a Rs 2.68 Crore bank fraud case over funds defalcation and availing of false credit facilities.

CBI Court Chennai Convicts and Sentences One Private Company and Six Other Individuals in Rs 2.68 Crore Bank Fraud Case

The ITAT Mumbai holds Revenue cannot treat entire transaction value as Unexplained Investment without specific evidence.

ITAT Holds Client Code Modification Alone Cannot Justify Section 69 Addition

ITAT condoned a 48-day delay in a Section 80P appeal and remanded the Rs 18.92 lakh deduction dispute to the CIT(A) for fresh consideration on merits.

ITAT Condones 48-Day Delay in Section 80P Dispute, Cites Senior Citizens’ Technical Difficulties With Online Tax Portal

Diligent Media has received a CGST SCN proposing a Rs 1.08 crore ITC recovery and an additional Rs 4.90 lakh demand for short payment of outward tax liability.


Diligent Media Corporation Faces Rs 1.12 Crore GST Demand Over ITC Claimed From Ab Initio Cancelled Vendor

ITAT remanded Rs 13.50 lakh demonetisation-period cash deposit dispute to the CIT(A) for fresh adjudication after finding that the earlier order was passed ex parte.

ITAT Remands Case of Section 69A Unexplained Cash Deposits During Demonetisation Period After CIT(A) Passes Ex Parte Order

A 71-year-old woman from Krishnagiri has alleged that her Aadhaar and PAN details were misused to create a fake GST registration, resulting in Rs 2.53 crore in tax dues and the freezing of her bank account.

Rs 2.53 Crore GST Fraud: 71-Year-Old Woman Says Aadhaar, PAN Were Misused

ITAT condoned a 24-day delay and sent the trust’s rejected Section 12AB registration application back for fresh consideration.

CA’s Spouse Undergoing Cancer Treatment Causes 24-Day Delay; ITAT Condones Delay, Restores Trust’s Section 12AB Application

Delhi ITAT has remanded taxpayer's Rs 3.33 crore tax dispute to the CIT(A) for fresh examination of flat cancellations, write-offs, expenses and interest claims.

ITAT Sets Aside CIT(A) Relief in Rs 3.33 Crore Tax Case, Directs Fresh Examination of Flat Cancellation, Write-Off and Interest Claims

ICAI releases the 14th edition of its GST Background Material, covering Finance Act 2026, GST 2.0 reforms and the latest compliance updates.

ICAI Releases 14th Edition of GST Background Material with GST 2.0 Updates

Income Tax

Finance

ICAI

ITAT Delhi

ITAT

Chartered Accountant

CBDT

Institute of Chartered Accountants of India

The ITAT Bangalore ruled revisionary order is issued after expiry of statutory limitation.

ITAT Quashes Section 263 Revision as Time-Barred

CBI Court has convicted and sentenced the former Enforcement Officer in the EPFO Nashik to RI for four years in the Rs 10 lakh bribery case.

ITAT Deletes Rs 1.14 Crore Section 68 Addition After Finding Bank Credits Fully Explained:

ITAT Deletes Rs 1.14 Crore Section 68 Addition After Finding Bank Credits Fully Explained

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